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is that in this bill? what's wrong with that? >> first of all, we don't have an actual proposal from the obama administration. again, i think this is just a little distraction, a bobble that they're dangling in front of the republicans. but if we got the rate down to 28%, it depends on how they're, quote, paying for it, unquote. and if they make our world wide tax system worse, if they force companies to declare investment expenses as taxable income, that's going to bias the system against new call tapital. there's all sorts of bad ways to finance it. on the other hand, if they're getting rid of the ethanol loophole and all that, it's good news. i don't trust the white house because their track record is so far to the left. >> you're not trusting them, i get that. what about this sort of conundrum. supposed they did drop the corporate tax rate from 35 to 28 and pay for it with loophole closures and put that aside. if you're a small business, you might still be sitting with higher tax rate because the upper end tax rates are going
is that in this bill? what's wrong with that? >> first of all, we don't have an actual proposal from the obama administration. again, i think this is just a little distraction, a bobble that they're dangling in front of the republicans. but if we got the rate down to 28%, it depends on how they're, quote, paying for it, unquote. and if they make our world wide tax system worse, if they force companies to declare investment expenses as taxable income, that's going to bias the system...
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Dec 7, 2012
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just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retreat, in terms of card playing, president obama has some cards that he can basically lay this off and perhaps it will fall to the blame -- fall on the republicans. that's why we think it could drift over the cliff. >> we'll see. i know you've been a champion of apple all year. we're going to ask you on the countdown if you'd still buy apple at these lower levels. that's still to come later. thank you, my friend. before we go to commercial here, some sad news for the business world and our family here at cnbc. saul steinberg, the father of our maria bartiromo, died earlier today at the age of 73. he was best known for launching a string of takeovers back in the 1980s. he was also an avid art collector and a major benefactor at the wharton school of business at the university of pennsylvania. he leaves behind a wife and five children, including maria's husband, our johnathan steinberg. our sincerest condolences to his family and friends and my dear friend maria, who is
just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retreat, in terms of card playing, president obama has some cards that he can basically lay this off and perhaps it will fall to the blame -- fall on the republicans. that's why we think it could drift over the cliff. >> we'll see. i know you've been a champion of apple all year. we're going to ask you on the countdown if you'd still buy apple at these lower levels. that's...
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>> well, bill, the country is broke already, and as soon as we cannot sell our government securities anymore, it's going to come. that's going to come sooner or later. barack obama's put us on a path that's going to make that happen sooner, but both parties are guilty of spending money we don't have. we eve got to make major cuts in the spending. it's not about taxes. it's about outrageous spending that's going to lead to a total collapse of our economy if we don't stop spending. we need to make the cuts. >> where's the most egregious spending? specifically what are you referring to? where's the most egregious spending? >> two examples, right now today in the department of education the average salary of the bureaucrats is $102 per bureaucrat. that's over twice what teachers all across the country makes. >> wow. >> another example is when this recession started there was one bureaucrat in the u.s. department of transportation that made over $170,000 a year. 18 months later, under this administration, there are 1,690 bureaucrats that make over $170,000 a year. we've got to stop that k
>> well, bill, the country is broke already, and as soon as we cannot sell our government securities anymore, it's going to come. that's going to come sooner or later. barack obama's put us on a path that's going to make that happen sooner, but both parties are guilty of spending money we don't have. we eve got to make major cuts in the spending. it's not about taxes. it's about outrageous spending that's going to lead to a total collapse of our economy if we don't stop spending. we need...
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bill gates, pope benedict, ben bernanke, saudi king. more on how the list was assembled and other details, forbes media ceo, mike, thanks for being with us. >> this is important to us because nothing personifies what we do at forbes like our power list. we're about success and the impact of people who achieve success have. we have ten editors who get together. we draw on a huge bank -- >> they always agree on everything. don't they? >> exactly. there is some subjectivity, i must admit. they talk about the number of people that someone influences. the amount of financial resources that they have. how many spheres they operate in, are they just financial or are tle political or philanthropic. the fourth criteria is do they act on their power, do they use their power. and if you look at -- >> that's the reason why bill gates would rank so high here is how he has used some of his financial power in the philanthropic sphere. it was interesting to me, "forbes" magazine, leading business magazine, most storied one maybe of all -- >> i have no
bill gates, pope benedict, ben bernanke, saudi king. more on how the list was assembled and other details, forbes media ceo, mike, thanks for being with us. >> this is important to us because nothing personifies what we do at forbes like our power list. we're about success and the impact of people who achieve success have. we have ten editors who get together. we draw on a huge bank -- >> they always agree on everything. don't they? >> exactly. there is some subjectivity, i...
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so i say president obama allows us to go over the cliff temporarily so that all the rates go up. then the democrats introduce a bill to lower it for 9 %, do some other stiff -- 98%, do some other stuff they want to do. then the republicans say fine but we've got to hold the debt ceiling, that's the next bargaining chip. i don't think we can use rides above for the debt ceiling because we don't want to rise above the debt ceiling. we have to come one new buttons -- >> pins, the whole thing. yeah. that is a dilemma. what a polemic -- >> constantino is cutting me off. you're going to hold that against me? all right. >> you can hear the voice in my head. >> yeah. he's mad because i attributed -- in fact, he was right. so -- sort of right. >>> coming up, we'll be talking to you in a second. what's that? one in a row. you're right, bob. that's it. >>> coming up, we'll head to vienna where opec leaders are talking crude prices and production. and what is the ceo of the world's largest retailer saying about the fiscal cliff? i bet he wants to rise above. find out your next question on "s
so i say president obama allows us to go over the cliff temporarily so that all the rates go up. then the democrats introduce a bill to lower it for 9 %, do some other stiff -- 98%, do some other stuff they want to do. then the republicans say fine but we've got to hold the debt ceiling, that's the next bargaining chip. i don't think we can use rides above for the debt ceiling because we don't want to rise above the debt ceiling. we have to come one new buttons -- >> pins, the whole...
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definitely that is bill in the senate 3637. and exactly right about now, they are debating that extension. our guest is a former adviser, economic adviser, to president clinton and senator barack obama, dr. robert shapiro, welcome. >> hi, rick. glad to be here. >> reporter: all right. dr. shapiro, it seems so ironic -- and i've used that word twice -- to listen to boehner worry about fate of generations down the road. at that particular point in time, this particular point in time, why does the senate want to guarantee a taxpayer expense, a program that is as large as $1.6 trillion? is there any reason you can think of? >> well, the only reason is that some banks think that if they have the guarantee, they'll get more of these deposits. the fact is, this is bad for the economy. it's bad for the banking system. there's a basic principle of deposit insurance. and that is you want to cover almost all depositors but not all deposits. and so you put a limit -- the limit has been $250,000. so the insurance coverage goes up to $250,00
definitely that is bill in the senate 3637. and exactly right about now, they are debating that extension. our guest is a former adviser, economic adviser, to president clinton and senator barack obama, dr. robert shapiro, welcome. >> hi, rick. glad to be here. >> reporter: all right. dr. shapiro, it seems so ironic -- and i've used that word twice -- to listen to boehner worry about fate of generations down the road. at that particular point in time, this particular point in time,...
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bill daley was the white house chief of staff under president obama during the debt ceiling negotiations last year. mr. daley, thank you very much for joining us this morning. >> thanks for having me. >> reporter: we were just trying to figure out what to make of this. all morning long we've been saying it's relatively good news that we haven't within hearing from the principalprincipals. what does it mean now that speaker boehner is going to be addressing the house at noon. >> i think it's a strong sign there is movement. i don't know that. i'm not on the inside. i don't know what's going on. i doubt the speaker is going to stand up and speak to the body and say nothing's happening and we're not going anywhere and just give a partisan speech. so i'm hopeful that that's what this means. i think it would be damaging to a process that has been basically as it was in '11, a pretty quiet going process kept in secret if all the sudden this becomes anything but that process. i think a very public negotiation does not help getting this done. in what is a relatively very short period to sort of
bill daley was the white house chief of staff under president obama during the debt ceiling negotiations last year. mr. daley, thank you very much for joining us this morning. >> thanks for having me. >> reporter: we were just trying to figure out what to make of this. all morning long we've been saying it's relatively good news that we haven't within hearing from the principalprincipals. what does it mean now that speaker boehner is going to be addressing the house at noon....
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>> bill: is barak obama a good president? >> in my opinion? >> bill: yes. >> yes, i think he has been a good president. >> bill: i respect that. we respect that. >> thank you. >> bill: you know you'll be paying more to the government. i hope you're setting aside a little of that view money. >> bill: so will you. if it helps this country and if it helps pay for many of the things we need, i don't mind paying more taxes and you shouldn't either. >> bill: i don't mind paying unless it's wasted. >> we don't know. >> bill: solyndra and things like that, that upsets me. >> that's one thing and you keep bringing it up. >> bill: i don't want honey boo boo getting any of my money. fascinating people, abc. i don't know why you come in here. i'm the only one in the world that gives awe hard time. >> you know i love you. >> bill: in the whole world. >> happy holidays. >> bill: mere i wouldn't say christmas. -- merry christmas. can't wait, miller is next [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really w
>> bill: is barak obama a good president? >> in my opinion? >> bill: yes. >> yes, i think he has been a good president. >> bill: i respect that. we respect that. >> thank you. >> bill: you know you'll be paying more to the government. i hope you're setting aside a little of that view money. >> bill: so will you. if it helps this country and if it helps pay for many of the things we need, i don't mind paying more taxes and you shouldn't either....
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we need a bill and obviously, i don't know where the g.o.p. is drawing their line on the sand but they know higher taxes are coming. some of the tax increases that go along with obama health care tax increases will dramatically hurt the economy so i help they take a stand and are not fooled into an idea that the public will give them more backing next time. that is far far-fetched. one side cannot put up legitimate things immediately and the other site putting up i.o.u. >>neil: if you think any deal is better than no deal, think again, to charles' point, he says markets are good at selling off on the shams when they do. what do you make of the possibility that we could look at something that is very like what we saw last year, the trigger being not spending cuts this time but tax hikes, will it make a difference? >> it will be a disaster. here is what will happen. they push off the spending cuts until next year, when they start talking about it next year they will say push it off until after the election. then we are talking about another year
we need a bill and obviously, i don't know where the g.o.p. is drawing their line on the sand but they know higher taxes are coming. some of the tax increases that go along with obama health care tax increases will dramatically hurt the economy so i help they take a stand and are not fooled into an idea that the public will give them more backing next time. that is far far-fetched. one side cannot put up legitimate things immediately and the other site putting up i.o.u. >>neil: if you...
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if their competitor in '16 is going to be hillary clinton and supported by bill clinton and barack obama, trying to win that will be truly the super bowl. the republican party today is incapable of competing at that level. >> strong words. while clinton has dozens of options when she leaves the state department, "the new york times" notes she will have to choose her job carefully until she's ready to decide on the presidential race. quote, the more serious she is about 2016, the less she can do, no frank, seen it all memoir, no clients, commissions or controversial positions that could prove problematic. also get rid of those kay men island bank accounts. no car elevators either. clinton will likely sign on to work with her husband at the clinton foundation for a while and could possibly write a book about her time as secretary of state. >>> speaking of political contenders, there could be a bruising and very entertaining battle just around the corner in new jersey. newark mayor cory booker says he will decide in the next two weeks whether he plans or not plans to challenge governor chri
if their competitor in '16 is going to be hillary clinton and supported by bill clinton and barack obama, trying to win that will be truly the super bowl. the republican party today is incapable of competing at that level. >> strong words. while clinton has dozens of options when she leaves the state department, "the new york times" notes she will have to choose her job carefully until she's ready to decide on the presidential race. quote, the more serious she is about 2016, the...
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that's probably in the ballpark, and obama deserves credit for that. >> bill: absolutely. i think so. you know, thi and we can't finde leader. if we could knock him out, that would be a huge victory. >> but he's down in the weeds, and he's not being very effective because he's hiding. >> bill: right. pakistan remains a problem, colonel hunt. the seals had to go in because the threat was they were going to get this dr. joseph and move him across the border into their sanctuaries, so pakistan remains a problem in this whole afghan war on terror, al-qaeda axis, right? >> it's a duplicitous country. without pakistan, they've got safe havens. they kept bin laden hidden in the west point. their intelligence community is still questionable, although they've lost -- the military has lost thousands of soldiers in the fight, but they have to be watched. they are our allies, but it's an uncomfortable relationship at best. >> bill: shis that getting worse or better, colonel peters, with pakistan? >> it's getting worse although the pakistanis aren't as noisy, we're paying them tribute
that's probably in the ballpark, and obama deserves credit for that. >> bill: absolutely. i think so. you know, thi and we can't finde leader. if we could knock him out, that would be a huge victory. >> but he's down in the weeds, and he's not being very effective because he's hiding. >> bill: right. pakistan remains a problem, colonel hunt. the seals had to go in because the threat was they were going to get this dr. joseph and move him across the border into their...
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president obama voted for a poison pill that took down a promising senate bill at the time. now he's coming back saying he wants to get it done. >> dr. jay talking politics as smooth as a lay-up. thank you for visiting with us. >> my pleasure. take care. >>> up next, a big development of president obama's trip to michigan today. the president steps in to a nasty statewide battle between the governor and big labor. why now? why not wisconsin? "the cycle" rolls on. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his
president obama voted for a poison pill that took down a promising senate bill at the time. now he's coming back saying he wants to get it done. >> dr. jay talking politics as smooth as a lay-up. thank you for visiting with us. >> my pleasure. take care. >>> up next, a big development of president obama's trip to michigan today. the president steps in to a nasty statewide battle between the governor and big labor. why now? why not wisconsin? "the cycle" rolls on....
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it's just a matter of whether or not you pay the bills. and if all else fails, president obama and tim geithner should start deciding whose that is they want to put on the new $1 trillion coin. i vote for john boehner. eams. one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and
it's just a matter of whether or not you pay the bills. and if all else fails, president obama and tim geithner should start deciding whose that is they want to put on the new $1 trillion coin. i vote for john boehner. eams. one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk,...
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bny mellon wealth management from president obama against the bill. this marks a major shift of momentum for the g.o.p. states all across america are now forced to deal with crippling debt and spending. and the man rumored to be running for chairman of the republican national committee, jc watts. how are you? >> what do you say, mr. hannity. i'm doing well. >> i see you have a bowl game coming up in memphis this year, congratulations. >> actually the tulsa hurricanes. the sooners are going to be in dallas versus johnny football january 24ing. >> sorry, i messed it up. >> that's okay. i forgive you. >> all right. let's -- notre dame is going to be beat alabama. we have a battle in the hannity household. >> your wife is probably going to win that argument. >> we are wasting time. are you running for chair of the rnc? >> i heard an rnc member say last weekend, said, unfortunately we had one black guy in the charm ship, been there, done that, we don't need to go there. this is never -- i've never said you needed a black person. i never said you needed a w
bny mellon wealth management from president obama against the bill. this marks a major shift of momentum for the g.o.p. states all across america are now forced to deal with crippling debt and spending. and the man rumored to be running for chairman of the republican national committee, jc watts. how are you? >> what do you say, mr. hannity. i'm doing well. >> i see you have a bowl game coming up in memphis this year, congratulations. >> actually the tulsa hurricanes. the...
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muslim, or so says the bill's republican author in michigan. all of this stuff is being passed and signed or debated in michigan this week, after state republicans there passed their monumental legislation stripping union rights in the state. with no warning and no debate after an election in which they did not say that was what they were going to do. that surprise attack legislation passed in such a breathless hurry there are now lawsuits in the state whether the bills were passed illegally, in contradiction of the state's sunshine laws. they're also trying to figure out whether the new union-stripping laws in michigan will apply to workers who work for the state government, or if they only killed the unions in the private sector. but the reason that governor snyder has been able to do all of this in such a hurry, the reason he was able to make the 180 he pulled on stripping union rights, for example, the reason he is able to purchase saul the anti-abortion and the anti-sharia law legislation is because he can, right? michigan republicans are
muslim, or so says the bill's republican author in michigan. all of this stuff is being passed and signed or debated in michigan this week, after state republicans there passed their monumental legislation stripping union rights in the state. with no warning and no debate after an election in which they did not say that was what they were going to do. that surprise attack legislation passed in such a breathless hurry there are now lawsuits in the state whether the bills were passed illegally,...
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person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and start working with president obama on true pro growth tax reform, but again, it sounds like treasury secretary geithner is happy to take the economy off the fiscal cliff, and again, if president obama wants to do that, he can do that, it sounds like that's exactly where he wants to go, what is kind of amazing, maybe republicans should take, you know, a victory lap from the fact that we've actually convinced democrats it's a good thing to maintain the bush tax cuts for at least 98% of the american population. i guess that's a good thing. i hope, i hope if president obama decides to increase
person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and start working with...
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. >> we're talking about a climate bill in the united states. president obama was telling people it will keep the planet four or five degrees cooler for our grandchildren. if you actually do -- >> co2 -- >> -- you are getting 1,000 plus cold plants, there are 1.3 billion people don't have running water and electricity. if we actually go the route of trying to stop carbon-based energy which has been their lifeline which would lower infant mortality and long life expectancy it would be the most immoral position you can take. bottom line is even if skeptics are wrong the solutions that the global warming alarmists would propose would have not detectible impact. >> if we were to begin to reduce carbon emissions, have the united states for example lead the way in this new technology, especially energy transmission, energy storage, electricity, we could change the world. we could get everybody a much higher quality of life than they would otherwise have. the problem is so many people live near the coasts and they are very old economic reasons. people
. >> we're talking about a climate bill in the united states. president obama was telling people it will keep the planet four or five degrees cooler for our grandchildren. if you actually do -- >> co2 -- >> -- you are getting 1,000 plus cold plants, there are 1.3 billion people don't have running water and electricity. if we actually go the route of trying to stop carbon-based energy which has been their lifeline which would lower infant mortality and long life expectancy it...
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unfortunately, when people lose their jobs who work at a dental clinic as a billing specialist, or the courier loses their job they are working class folks that could lose their jobs if the president's tax increase goes there, if that happens, president obama will be responsible. by will not hurt growth in america which i know is the only way to solve this problem. >>neil: you do not subscribe that deal or no deal boomerangs and hurts republicans? >>guest: i don't want to go off the fiscal cliff which congress created in a bipartisan way. this fiscal cliff is the direct result of the last fiscal cliff when we had the debt limit showdown. >>neil: both sides agreed. >>guest: i voted again i. why create the artificial crisis as a way to force action? it never works. >>neil: bethis. they did. >>guest: and now they are going to do it again. they are saying, now, hurt growth in america, cut a deal that hurts growth in america so in a year from now we will have a worst fiscal cliff and that is the real fiscal cliff $16 trillion debt which the tax you have 200,000 less jobsve next year and the
unfortunately, when people lose their jobs who work at a dental clinic as a billing specialist, or the courier loses their job they are working class folks that could lose their jobs if the president's tax increase goes there, if that happens, president obama will be responsible. by will not hurt growth in america which i know is the only way to solve this problem. >>neil: you do not subscribe that deal or no deal boomerangs and hurts republicans? >>guest: i don't want to go off the...
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governor rick schneider says he will sign the bills. in michigan yesterday, though, president obama said what they're really talking about is giving you the right to work for less money. for those with visions of doing this... ...this... ...and this, dancing in their heads... ...we have these. home depot gift cards. give the gift of doing, in-store or online. >>> in between all the conjecture over what secretary of state hillary clinton will or are not do when she leaves office, one fact is not dispited, achievements in promoting human rights, especially women's rights around the world. with her departure emt nent who will fill that void in i'm joined now by carrie kennedy, founder of the robert f. kennedy senator, daughter of the late robert kennedy. good to see you. thanks for coming in. >> thanks. >> hillary clinton has championed women's rights. she has been in many ways a very tireless fighter for this. and i'm wondering, how much impact do you see as someone who does this day in and day out that she has had? >> oh, she's been incr
governor rick schneider says he will sign the bills. in michigan yesterday, though, president obama said what they're really talking about is giving you the right to work for less money. for those with visions of doing this... ...this... ...and this, dancing in their heads... ...we have these. home depot gift cards. give the gift of doing, in-store or online. >>> in between all the conjecture over what secretary of state hillary clinton will or are not do when she leaves office, one...
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bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha: $120 million to develop the next electric car battery. it's not an independent venture. you are paying for it. the u.s. taxpayer. we'll tell you about the government's latest gamble with your money. bill: one man' home survived superstorm sandy. but it did not make it through the recovery. >> the township didn't know what happened. i called the governor' office and she said to me, are you sure your house is gone? i said, miss, you miss place a pen or pencil, you don't miss place a house. ♪ i wish my patits could see what i see. ♪ that over time, having high cholesterol and any of thesri
bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha:...
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now here he is. >> bill: bill -- big trouble in michigan. give employees the option not to join a union. president obama doesn't like that at all. >> what we shouldn't be doing is your rights to bargain for better wages. we shouldn't do that. these so-called right-to-work laws they don't have anything to do with economics, they have everything to do with politics. [cheers] >> what they are really talking about is giving you the right to work for less money. >> bill: but governor rick snyder says he will sign the right-to-work measure tomorrow. he joins us now from lansing, the state capitol. so what do you say to the president, governor, who says this you are basically trying to bring down wages for working people in michigan? >> that's not true at all. if you look at he made the comment about bargaining for wangs. about bringing down wages. this legislation is about freedom to choose for workers, bill. this isn't about the relationship between employers and unions at all. this is not about collective bargaining at all. this is not about oth
now here he is. >> bill: bill -- big trouble in michigan. give employees the option not to join a union. president obama doesn't like that at all. >> what we shouldn't be doing is your rights to bargain for better wages. we shouldn't do that. these so-called right-to-work laws they don't have anything to do with economics, they have everything to do with politics. [cheers] >> what they are really talking about is giving you the right to work for less money. >> bill: but...
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bill clinton was the star. his job was to nominate obama for a second term in 2012. i really believe at the end of that speech if he had said, hey, while we're at it, can we nominate hillary for 2016 as the successor, by acclimation, that place would have done it. the change in mood toward the kk clintons was amazing. >> can hillary count on the same level of support, especially if the republicans, for example, were to run say marco rubio? >> absolutely. i mean, if hillary clinton when she ran against president obama actually won the latino vote 2 to 1. more importantly, a lot of lee tonos will remember how prosperous they were under a clinton administration versus a bush administration. not only would they definitely fall in line behind hillary clinton, but also let's not forget that latinas outvote their male counterparts. so they will be leading the charge in the polling booth in favor of hillary clinton no doubt. >> wow, i cannot wait. already licking my lips at the thought of it. thank you all. >>> next, the folks behind that hash tag fire boehner tell us who wo
bill clinton was the star. his job was to nominate obama for a second term in 2012. i really believe at the end of that speech if he had said, hey, while we're at it, can we nominate hillary for 2016 as the successor, by acclimation, that place would have done it. the change in mood toward the kk clintons was amazing. >> can hillary count on the same level of support, especially if the republicans, for example, were to run say marco rubio? >> absolutely. i mean, if hillary clinton...
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in bills that you, mr. speaker, have voted for. >> pelosi is lobbying for house republicans to hold a vote on letting tax cuts expire for the wealthiest americans. with house majority leader eric cantor and congressman paul ryan tasked with pushing boehner's plan on the tea party, it's going to be a tough sell. they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal by christmas. where is this all heading, in your opinion? >> the republicans are in total disarray. i think john boehner went to the floor today to encourage his -- or to placate his tea party people saying the real answer is in more
in bills that you, mr. speaker, have voted for. >> pelosi is lobbying for house republicans to hold a vote on letting tax cuts expire for the wealthiest americans. with house majority leader eric cantor and congressman paul ryan tasked with pushing boehner's plan on the tea party, it's going to be a tough sell. they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific...
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times reports the white house will begin an all-out drive for an immigration bill that will include a path to citizenship for the 11.1 million illegal immigrants currently in the country. the bill would also seek stronger border security measures, penalties for employers who hire illegal immigrants and would make it easier to bring in skilled foreign workers under special visas. in the interests of basic self-preservation, many republicans are also clambering for reform following their drubbing in the recent election when mitt's self-deportation policy lost the latino vote by a whopping 44 points. quote "there is a growing sense that this is an opportunity that should be taken, said ed jill esspi, a former republican national can i chairman. "there's no instinct like a survival instinct." for those thinking immigration reform will be a bipartisan community effort, think again. while many top republicans see a drastic need for change, many rank-and-file lawmakers remain skeptical. skeptical, indeed. politico writes regardless of exit polls, demographic trends and lectures from party le
times reports the white house will begin an all-out drive for an immigration bill that will include a path to citizenship for the 11.1 million illegal immigrants currently in the country. the bill would also seek stronger border security measures, penalties for employers who hire illegal immigrants and would make it easier to bring in skilled foreign workers under special visas. in the interests of basic self-preservation, many republicans are also clambering for reform following their drubbing...
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Dec 7, 2012
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. >>> do you remember what republicans called their bill to repeal obama care? i do. it was an act to repeal the job killing health care law. now, the whole job killing thing has always been a bit of a talking point myth. a nonpartisan study of the very similar health insurance mandate enacted six years in massachusetts showed, quote, no evidence of reduced employment as a result of health reform there. still, that argument, the whole job killing obama care thing, sent the owner of red lobster and a bunch of other very carb friendly restaurant chains on a hapless misadventure in corporate protest that culminated today in a public and embarrassing and informative way. back in october, company called darden restaurants announced they were putting more workers on part-time status in stead of full-time to see if they would be able to limit the cost of complying with the new health reform law. under the new law, big companies like darden have to either offer health insurance or pay a $2,000 fine for each full-time employee. over 30 employees who ends up using public subsid
. >>> do you remember what republicans called their bill to repeal obama care? i do. it was an act to repeal the job killing health care law. now, the whole job killing thing has always been a bit of a talking point myth. a nonpartisan study of the very similar health insurance mandate enacted six years in massachusetts showed, quote, no evidence of reduced employment as a result of health reform there. still, that argument, the whole job killing obama care thing, sent the owner of red...
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a year that we should go back to the rates that we had when bill clinton was president. i want to reform the tax codes so that it's fair. the same rate we had when bill clinton was president. we have to ask you and me and the wealthiest among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts on that specific aspect of the fiscal cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'm not going to slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> t
a year that we should go back to the rates that we had when bill clinton was president. i want to reform the tax codes so that it's fair. the same rate we had when bill clinton was president. we have to ask you and me and the wealthiest among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama...
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president obama had a word with governor snyder at the airport in detroit yesterday. we don't know what they said. but later that day, president obama gave a speech about the economy and the middle class in which he came out strongly against a republican plan to weaken michigan's unions. >> what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. [ cheering ] >> we shouldn't be doing that. you know, these so-called right-to-work laws, they don't have anything to do with economics. they have everything to do with pliks. >> across the state, democrats yesterday reminded governor snyder the bill was too divisive for michigan. he said that right up until last week when he called a hasty press conference to announce he had reversed his position and the legislation suddenly appeared as if by magic. the bills passed the first round of voting in roughly an hour and a half. this evening governor snyder announced that he had signed the bills into law, calling them good for workers and for freedom and for the economy. he s
president obama had a word with governor snyder at the airport in detroit yesterday. we don't know what they said. but later that day, president obama gave a speech about the economy and the middle class in which he came out strongly against a republican plan to weaken michigan's unions. >> what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. [ cheering ] >> we shouldn't be doing that. you know, these so-called...
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has fought so hard for, to the middle class, we can take up that bill in the house next week when we go back into session and give that certainty to the middle class. then we can work in earnest together to reduce the deficit in a balanced way that will make sure we don't first throw the middle class under the bus. that whatever we put forward have spending cuts and revenue that is going to take care of the middle class and make sure that we have spending cuts and revenue that ensures that they're fair and that the math works. there has been no evidence thus far that the republicans are interested in doing that. >> this has been the perfect opportunity for them to step forward and show some leadership. the majority of americans do want this right now. congresswoman, the president has asked you to stay on as dnc chair. what is the way forward for the democrats? what's happening here? >> well, we need to continue to focus on rebuilding our economy from the middle class out. president obama talked eloquently and passionately during the campaign about making sure that we can get a handle
has fought so hard for, to the middle class, we can take up that bill in the house next week when we go back into session and give that certainty to the middle class. then we can work in earnest together to reduce the deficit in a balanced way that will make sure we don't first throw the middle class under the bus. that whatever we put forward have spending cuts and revenue that is going to take care of the middle class and make sure that we have spending cuts and revenue that ensures that...
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petition, which would bring the bill that has been sent from the senate and pass the senate overwhelmingly sent to the house, take that bill up and give, extend the tax breaks to the middle class and give certainty to the middle class as we move to, continue to move into the holiday season. all of the tax rates expire december 31st and we can deal with the tax breaks for the wealthiest most fortunate americans and others to avoid the fiscal cliff between now and december 31st but take what we agree on which is that the middle class tax cuts should be extended and tax rates should not go up for the middle class, let's do that now. the republicans refuse to do that thus far, which is sort of baffling. even some of their senior members like tom cole from oklahoma have said let's take that deal, but let's pass the tax cuts for the middle class and we're talking about making sure that tax rates for 98% of all americans and 97% of all businesses. it's a small percentage of individuals that make more than $250,000 a year that tax rates would go up just a little bit. we had an election, thomas, wh
petition, which would bring the bill that has been sent from the senate and pass the senate overwhelmingly sent to the house, take that bill up and give, extend the tax breaks to the middle class and give certainty to the middle class as we move to, continue to move into the holiday season. all of the tax rates expire december 31st and we can deal with the tax breaks for the wealthiest most fortunate americans and others to avoid the fiscal cliff between now and december 31st but take what we...
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her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for president obama to return the favor in 2016. if she so decides to run. remember earlier this week, she was at the save and center for middle east policy and they ran that glossy video that felt like a campaign video in which she was praised by a number of officials, including president benjamin netanyahu. the stage sbing set f that's what she decides. if you go deeper into that poll, 66% of women say she should run, so higher than the national average. that would be one of her core constituencies. those close to me tell me when she steps down she'll focus on resting. >> to be frank, though, i think she's deserved a well-deserved rest. >> reporter: absolutely. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. look th
her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for president obama to return the favor in 2016. if she so decides to run. remember earlier this week, she was at the save and center for middle east policy and they ran that glossy video that felt like a campaign video in which she was praised by a number of officials, including president benjamin netanyahu. the stage sbing set f that's what she decides. if you go...
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but you know, the white house did speak out against this bill last week. with the white house spokesman saying you know, speaking out against it and it's not the first time president obama has been against right to work legislation. you looked at what happened in wisconsin with governor scott walker. his attempt to take away collective bargaining rights and he's spoken out about this, too, saying that unions have helped the meddle class and that they've helped the american economy. >> alison kosik, live for us watching the impending crowds in lansing. stay with cnn today at 2:00 p.m. eastern, when president obama is set to speak live. we're also going to see if he has anything to say about exactly what alison was just reporting on and i have some breaking news. an update about the death of the navy s.e.a.l. in afghanistan that we brought you just about a half hour ago. the defense department is now sending out his identity. and he -- he was petty officer first class nicholas check. 28 years old of monroeville, pennsylvania. special op killed in action duri
but you know, the white house did speak out against this bill last week. with the white house spokesman saying you know, speaking out against it and it's not the first time president obama has been against right to work legislation. you looked at what happened in wisconsin with governor scott walker. his attempt to take away collective bargaining rights and he's spoken out about this, too, saying that unions have helped the meddle class and that they've helped the american economy. >>...
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with the right to work. >>> yesterday president obama joined the chorus of voices condemning this move. >> by the way, what we shouldn't do, i just got to say this, what we shouldn't be doing is taking away your right to bargain for better wages. giving you the right to work for less money. >> nbc is live from lansing, michigan, and from detroit i'm joined by michigan democratic congressman gary peters. ron, i'm going to start with you. describe the scene for us there and what's at stake. >> reporter: good day to you. it just started snowing within the past few minutes. these folks are braving very cold temperatures here but they're very fired up about this legislation being pushed through the state house today. as you have reported it will turn michigan into a right to work state. republican governor rick schneider and other supporters of this legislation says it actually makes michigan more attractive for businesses around the country who may be considering relocating their businesses to michigan. workers are the ones you see behind me, several thousand hearsay this is nothing but an
with the right to work. >>> yesterday president obama joined the chorus of voices condemning this move. >> by the way, what we shouldn't do, i just got to say this, what we shouldn't be doing is taking away your right to bargain for better wages. giving you the right to work for less money. >> nbc is live from lansing, michigan, and from detroit i'm joined by michigan democratic congressman gary peters. ron, i'm going to start with you. describe the scene for us there and...
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hellman's tragedy. >> bill: solving these kinds of problems. >> absolutely. >> bill: bill o'reilly.com poll question in play do you believe president obama and the republicans will reach a budget deal before automatic tax increases are triggered? yes or no and we will give you the results on monday. next on the run down, ms. laura ingraham has some thoughts about the bob costas interview last night. later, we will read your mail on that. and then, is there a growing anti-christian bias in america? i think so. what do the culture warriors believe? those reports after these messages. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet
hellman's tragedy. >> bill: solving these kinds of problems. >> absolutely. >> bill: bill o'reilly.com poll question in play do you believe president obama and the republicans will reach a budget deal before automatic tax increases are triggered? yes or no and we will give you the results on monday. next on the run down, ms. laura ingraham has some thoughts about the bob costas interview last night. later, we will read your mail on that. and then, is there a growing...
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the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> the president and the democrats have the poll numbers on their side. 53% of people approve of the job president obama is doing. 53% trust him to handle the negotiations while just 36% say they trust the republicans in congress. and 65% of voters are with the president on a sticking issue in these negotiations -- raising taxes on household income over 250,000. 31% oppose it. and today a new number is strengthening the president's position in the negotiations. the november jobs report shows the unemployment rate has dropped to 7.7%. the economy added 146,000 jobs last month, and that is one reason why today john boehner kind of, sort of maybe entertained the idea of giving president obama what he wants on tax rates, at least rhetorically. >> even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion deficits for as far as the eye can see. listen, washington's got a spending problem, no
the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> the president and the democrats have the poll numbers on their side. 53% of people approve of the job president obama is doing. 53% trust him to handle the negotiations while just 36% say they trust the republicans in congress. and 65% of voters are with the president on a sticking issue in these negotiations -- raising taxes on household...
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>> i introduced a bill to lower the debt ceiling, not raise it. we need to lower it. >> that was the most absurdist comment uttered during the last showdown between president obama and the republican house of representatives. the debt ceiling debacle in the summer of 2011 made by paul brown. in 2011, the paul browns in the republican house had enough power to threaten john boehner's speakership and the full faith and credit of the united states. in 2011, every day was marked with a new headline like this one in politico, boehner tries to tame gop on debt ceiling plan. that article was published on july 27, 2011. the very next day, the house member who was then the republican front-runner for president went to the national press club and actually said this. >> it did not include the defunding nor the repeal of obama care and it also increased the debt ceiling. i couldn't go down that road. so i couldn't give john boehner that vote. john boehner now has a second alternative that you have heard of. i will not be casting my vote for that bill. i canno
>> i introduced a bill to lower the debt ceiling, not raise it. we need to lower it. >> that was the most absurdist comment uttered during the last showdown between president obama and the republican house of representatives. the debt ceiling debacle in the summer of 2011 made by paul brown. in 2011, the paul browns in the republican house had enough power to threaten john boehner's speakership and the full faith and credit of the united states. in 2011, every day was marked with a...
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another obama carry current forces chain restaurants to post calorie counts on their menus. that will cost the chain like tom as billions of dollars. the company ceo says, there are 303 million ways serious, 303 million ways to sell a domino's pizza. coming of the way to put calories and a menu for 303 million varieties is a little difficult to read what you make of this? >> news flash, pizza has a lot of calories. you can find this information out on google. anybody who is dying like to try to knows about calories. what did they have to posted in the restaurant? you can easily get that information elsewhere. stuart: why is this requirement in obamacare? what has the killer accountant to do with my health care delivery system? >> this might be an attempt to preventive medicine. stuart: that's your rationale? that's all you have to say? >> a drop in the bucket to what you're asking me to put myself in the obama administration shoes. >> this is what makes my head off like a bottle rocket. we should be focusing on the fontana of the structure, not nanny state junk forcing resta
another obama carry current forces chain restaurants to post calorie counts on their menus. that will cost the chain like tom as billions of dollars. the company ceo says, there are 303 million ways serious, 303 million ways to sell a domino's pizza. coming of the way to put calories and a menu for 303 million varieties is a little difficult to read what you make of this? >> news flash, pizza has a lot of calories. you can find this information out on google. anybody who is dying like to...